St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-01-29

A RTlCLES OF INCORPORATION OF RICH.
N mond and st. Paul Land and Improvement
Company We, the undersigned. do hereby
| associate ourselves and thereby form q cor
| pOration under and pursuant to the provisions oil
title two, of chapter thirty-four, of the General
Statutes of the State of Minnesota and of the
| amendatory thereof and supplementary thereto,
and to that emo do adopt and sign the following
| articles, viz:
| be Richmond and st. Paul Land and Improve
| ment Company" The general nature of its bust.
ness shall be the buying, owning. Improving SELL
ing and dealing IN lands, tenements and heredlta
ments, real, mixed and personal estate and prop
erty. The principal place OF transact.ng the bust
ness OF said corporation shall be the City of st.
| Paul, IN the County of Ramsey and State of Min
| nesota.
Article 2-The time of commencement of said
corporation shall be the first day of February A.
d. 1887, and the period of the continuance thereof
| shall be thirty years.
Article 3-The amount of capital stock of said
| corporation shall be five hundred thousand dol
and in such manner the Board of Directors
thereof shall from time to time by resolution
| designate.
Article 4-The highest amount of indebtedness
| or liability to which said company shall at any
! time be subject shall be the sum of five hundred
| thousand dollars.
Article 5-The names and places of residence of
| the persons forming such association for incor-
poratIon are as follows. viz: J. Royal McMurran,
Gustav WIllius and Hiram +. Stevens. and they
all reside at the City of st. Paul. in the County of
|
| Article 1.-THE names of the first Board of Direc-
tors follows: Il. William Pemberton, j..
Royal McMurran, Joseph Bryan, Carter w.
| Branch, James II. Dooley and Peter a. Mayo The
government OF said corporation and the manage
ment of its affairs shall be be vested in Board of
six Directors and subject to their direction, in
such officers or agents as they may from time to
| time by resolution designate. During the first
| year of the existence of the SAID corporation
| James II. Dooley shall be President and Peter H
Mayo shall be Vice President: Hugh A. McCurdy
shall be Secretary and James H. Dooley shall be
Treasurer. Said Directors shall be elected by the
stockholders of said corporation after the first year
at the annual meeting of said stockholders, which
shall be held on the first Tuesday of February in
! each year. The other officers above specified
shall be elected after the first year by the Board
| OF Directors at the annual meeting thereof
which shall be held soon as practicable after
the meeting of stockholders in each year as above
| specified. Each Director and officer shall con-
tinue in Office until his successor shall have been
| duly elected and DUAL fed
Meetings of said corportion for the cleo
| ton of officers, the adoption, amendment or
repeal of the bylaws. any part thereof
| or for the transaction of any other business of
said corporation, may be held at the principal
/ place of business thereof as above specified or
at the City of Richmond, in the state of Virginia
| The first Board OF Directors of said corporation
may adopt bylaws which shall remain in force I'M
| til the first annual meeting above specified
and until and except as thereafter amended by a
vote OF majority of the stockholders of said
! corporation.
Article THE number of shares in the capital
stock OF said corporation shall be five thousand;
| the amount of each share shall be one hundred
! dollars.
In testimony whereof we have hereunto set orr
| hands and affixed our seals this 9th day of
January, A. D. 1887.
| ]. ROYAL MCAiURRAN. TSeal. I
GUSTAV WILLIUS. fSeal. /
HIRAM F. STEVENS, seal /
| In presence of:
SAMUEL MCMURRAN.